Professor AJ Kooti provides a detailed examples of how to account for sales of inventory using the Intermittent FIFO method.

Notes Receivable example

This video explains the importance of ledgers in the accounting process and demonstrates how to record journal entries into ledgers. It also shows how to close each account and prepare for the next accounting period.

Here we will understand the accounting period concept and revise all the 10 Principles of accounting through an exercise.

Ch3. Video 12 - Closings:Post-Closing Trial Balance Example

Adjusted Trial Balance - Financial Accounting

T Account Rules - Financial Accounting

Trial Balance - Financial Accounting

Professor AJ Kooti provides a detailed examples of how to conduct closing in accounting by entering information into the post-closing Trial Balance.

Journalizing - Financial Accounting

The video is about the importance of maintaining records and accounting in business, using the example of two entrepreneurs - one who didn't keep records and struggled, and one who did and was able to make informed decisions about his...

The video provides five important tips for preparing and solving journal entries correctly, including analyzing transactions, applying debit and credit rules, writing proper narrations, and checking mathematical accuracy. These tips can...

The video describes the concept of double-entry accounting, which is a method used in accounting to ensure that the accounting equation remains in balance. The video emphasizes the importance of double-entry accounting for accurate...

This video explains the basic Debit & Credit concepts & the 3 golden rules of accounting based for Real, Nominal and Personal Accounts.

This Video explains the need & Importance of preparing Trial Balance & Posting ledger balances in Trial Balance.

Matthew Donnelly, VP of Solutions and Finance at FreedomPay, discusses the rise of contactless transactions like Apple Pay and Samsung Pay and how his company is streamlining that process.

Councilman Ritchie Torres told Cheddar that cashless businesses might uphold institutionalized racism and discriminate against low-income people who are unbanked or underbanked.

Prime Minister Sir Keir Starmer, Energy Security and Net Zero Secretary Ed Miliband and Jacob Collier, MP for Burton and Uttoxeter, meet with Universal Credit claimant Nicola Saint at her home in Rocester, Staffordshire. The visit...

Jeff Jones, H&R Block CEO, discusses new mobile banking platform with 'Bloomberg Markets' Caroline Hyde, Romaine Bostick and Taylor Riggs.

Jul.01 -- Their parents got into themselves into trouble by racking up debt before the 2008 great financial crisis. Gen Z consumers learnt from those mistakes. They are savvy shoppers — and financially prudent, shunning credit cards. How...

Jul.30 -- Visa Chairman and CEO Al Kelly discusses the company's return to office plans, debit and credit card volume trends, and Visa's planned acquisition of open banking platform Tink. Kelly also expresses his support for Olympic...

Government Want to Scrap Credit Card Surcharges

Feb.02 -- Tech and financials are leading this quarterly earnings period on the back of strong holiday spending. Visa Chief Financial Officer Vasant Prabhu joins Bloomberg's Emily Chang to recap the company's earnings, look ahead to...

Jun.07 -- Visa Inc. CFO Vasant Prabhu discusses the company's new partnership with Goldman Sachs Group Inc. to build out a newly formed transaction-banking arm. Golman is using Visa capabilities that allow corporate clients to easily...